Search for: "CIT Loan Corporation" Results 21 - 25 of 25
Sort by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
17 Dec 2009, 12:24 am by Randall Reese
The companies' revenues are expected to fall significantly from 2008 results ($78 million in 2009 vs. $100 million in 2008) due to the state of the construction industry.The reduction in the companies' performance triggered covenant defaults under Jones Stephens' loan agreement with CIT Lending Services Corporation (as administrative agent) pursuant to which lenders extended Jones Stephens a $10 million revolving line and a $67 million term loan… [read post]
27 Jul 2008, 5:59 pm
For example, both Sallie Mae (refer here) and The First Marblehead Corporation (refer here) previously have been sued in securities lawsuits arising from troubled student loans. [read post]
3 Apr 2007, 7:17 am
  Once a highflier in the booming market for making risky mortgage loans, the New Century Financial Corporation filed for bankruptcy court protection today. [read post]